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San Francisco, London among most developed venture capital cities in the world, report
This dashboard leverages PitchBook data and PitchBook Institutional Research Group methodology to provide a consistently updated ranking system for the size, maturity, and growth rates of the VC ecosystem in leading cities around the world.
Global co-working spaces market to reach $48.1 billion by 2030, study
The global market for coworking spaces is experiencing rapid growth, driven by the evolving dynamics of today's workforce, technological advancements, and shifts toward more agile work cultures.
[Kenya] Livestock sector players review investment opportunities, challenges in unique forum
With the demand for livestock products projected to grow by up to 50% by 2030, there’s a clear opportunity for strategic investments to drive growth and innovation in the sector.
Rwandan female researchers selected for food systems policy fellowship
The AWARD Policy Fellowship is cultivating a growing pool of African women in the policy field to catalyze the design and implementation of gender-responsive agricultural policies across Africa.
Kenya startups raised the highest amount of funding in Africa in 2023, report
For some time now, Nigeria has always received the biggest share of startup investments, however, in 2023, Kenya overtook the West African country, gaining the highest amount of tech funds on the continent.
Investor-founder disconnect poses major threat to African tech funding
African tech investors will not invest follow-on funding in a startup failing to provide regular reporting updates.
Generative AI has become an emerging risk for enterprises, Gartner survey
The availability of generative AI became a top concern for enterprise risk executives.
Closing the capital gap on impact investment in Africa, report
African fund managers face unique obstacles that impede their access to capital for social impact.
German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
German healthcare specialist SHS Capital is investing in CAM Bioceramics to fuel growth
New PitchBook survey finds majority of venture capitalists have invested in AI
PitchBook has released findings from a new survey in partnership with Collision.
Vesalius Biocapital announces first close of fourth fund raising €95m
Vesalius Biocapital announced the first close of its fourth fund, Vesalius Biocapital IV, securing over €95m.
Kenyan fashion e-Commerce startup ShopZetu raises pre-seed funding to fuel growth of its marketplace
Kenyan fashion e-Commerce startup ShopZetu has raised $1m pre-seed funding.
Brex taps Jason Mok to support the next generation of founders
Brex announced that Jason Mok has joined the team to support commitment to serving startups and their founders.
IP Fabric announces $25m Series B funding to accelerate adoption of network assurance
IP Fabric announced it has closed $25 million Series B funding round.
Swiss medtech startup Berlin Heals completes financing round for its ongoing CE- study
Berlin Heals has developed a breakthrough method for therapy of heart failure.
Belgian startup NineID raises $2.6m to bridge the digital and physical worlds of corporate security
Belgian startup NineID announced raising $1.2m, closing its $2.6m seed round.
Kenyan startup MESH grows to reach 150,000 young entrepreneurs
Kenyan startup MESH, announced it has reached 150,000 members.
Nigerian healthtech startup Helium Health raises $30m Series B funding
Helium Health announced it has raised $30 million in Series B funding.
AdvisorCheck raises $1.8m to transform the way people vet and monitor financial advisors
AdvisorCheck has announced its $1.8 million seed round of funding.
1Fort raises $2m to automate and simplify cyber insurance for businesses
1Fort has completed a successful $2 million pre-seed round financing.
Italy’s Planckian closes €2.7m pre-seed round to develop quantum batteries
Planckian has raised over €2.7 million in pre-seed funding round led by Eureka! Venture.
NBA superstar Chris Paul joins plant-based startup Wicked Kitchen as investor
10-time NBA All-Star Chris Paul has joined the Wicked team as an investor.
Federato raises $25m Series B funding to continue catalyzing insurance's "AI moment"
Federato has raised $25 million in Series B funding led by Caffeinated Capital.
Kenyan mobility startup Stima secures €100k investment
Stima Mobility has secured €100,000 investment from DEG Impulse.
Seedstars, Fondation Botnar launch youth Wellbeing Ventures with $20m investment in Africa
Seedstars Capital and Fondation Botnar have invested $20m for early-stage startups.
The role of crypto-friendly banks in facilitating financial inclusion, Plug and Play
Financial inclusion is a key aspect of economic growth and development.
Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Molten Ventures has led a €5 million round in Oliva.
Focused Energy startup raises $82m funding to advance laser-based nuclear fusion
Focused Energy raised $11m in Series A funding, bringing its total funding to $82m.
AI-enabled startup AvoMD raises $5m to combat clinician burnout
AvoMD announced it has closed $5 million in seed funding led by early-stage venture fund AlleyCorp.
SEI appoints Sneha Shah as Head of New Business Ventures
SEI has announced the appointment of Sneha Shah as an Executive Vice President and Head of New Business Ventures.
Stellantis Ventures seeds innovation with investments into sustainable mobility
Stellantis Ventures has been formed to support 'Dare Forward 2030' strategic plan.
Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Haul247 has raised $3 million in a seed funding round.
Germany joins Europe Startup Nation Alliance (ESNA)
Germany Trade & Invest (GTAI), Europe's largest economy, has joined Europe Startup Nation Alliance (ESNA).
Orange partners with Digital Africa to strengthen the growth of African startups
Orange has partnered with Digital Africa, to promote and strengthen African startups.
Decentralized identity startup Intuition raises $4m funding round
Decentralized infrastructure provider Intuition has raised $4 million in a seed round fundraise.
Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Chatbots are dramatically reshaping the insurance industry.
Manganum attracts second round of seed investment from Mitgo
Manganum has received has two rounds of investment from global IT company Mitgo.
Hexagon calls for startups to apply for its third Sixth Sense cohort
Hexagon's Manufacturing Intelligence division has announced a call for startups to apply for its third Sixth Sense cohort.
Foodtech startup PartnerSlate raises $4m from to accelerate growth
PartnerSlate has raised $4 million round led by Supply Change Capital.
German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
FERNRIDE has secured $31m Series A funding.
UK renewable energy startup tem. raises £2.5m to transform the broken energy market
tem., the UK-based renewable energy startup, has secured £2.5m funding round.
Financial IT launches Fintech Pathfinder, showcasing the most promising fintech startups
Financial IT announced the launch of its highly anticipated Fintech Pathfinder.
AI-driven pet biometrics startup Petnow launches in France
Petnow, the provider of advanced pet identification solutions, announced the expansion of its groundbreaking app to the French market.
Montfort Ventures opens inaugural branch in San Diego, California
Montfort Ventures, a boutique startup fundraising advisory firm, announced the opening of its inaugural branch in San Diego.
Customer success platform ZapScale secures $2.5m seed funding to accelerate growth
ZapScale announced it has successfully raised $2.5 million in seed funding.
Volvo Group Venture Capital invests in Trucksters to manage innovative relay trucking in Europe
Volvo Group Venture Capital has invested in Madrid based startup, Trucksters.
SAP selects YOOBIC for an exclusive startup program
YOOBIC, the all-in-one Frontline Employee Experience Platform, announced it has been selected by SAP.
Mental health startup Anise raises $1.2m pre-seed to expand culturally-responsive care
Anise Health, a digital mental health company, completed $1.2m pre-seed round.
[Column] Patrick Ndegwa: Journey to the centre of the cloud; why Kenya should store data locally
Kenyan businesses are migrating to the cloud en masse.
Africa among top 3 regions prone to mobile financial scam, report
Throughout 2022 and the first quarter of 2023, 14% of installs of potentially unwanted mobile financial apps on Android phones were made.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo.
Cambridge-based biotech startup Uncommon raises $30m
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.
Karoo Health raises $3.4m in oversubscribed seed round
Karoo Health announced the closing of an oversubscribed seed round of $3.4 million.
Fintech firm LemFi expands diaspora remittance services to Kenya
LemFi announced it has formally launched its diaspora remittance services in Kenya.
SK networks invests $2m in AI farming Dutch startup Source.ag
SK networks announced it will invest $2m Series A funding round of $27 million for Source.ag.
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.
Web3 and the rise of the digital asset investor, Plug and Play
Web3 is a more decentralized system for sharing data and managing digital assets.
Reseda Group invests $2m in five fintech startups
Reseda Group announced it is investing more than $2 million to support five emerging fintech companies.
GGV Capital launches NextGen Fellowship 2023 program
GGV Capital announced NextGen Fellowship 2023 program to promote diversity, inclusion in the tech Industry.
Aena launches the second call of its startup acceleration program
Aena has launched Aena Ventures, an open innovation program for accelerating startups.
WEMIX, Hub71 partner to grow global blockchain startup ecosystem
WEMIX and Hub71 have partnered to accelerate growth of their Web3 for startups.
[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
The agricultural sector is a significant contributor to greenhouse gas emissions.
AWS selects 25 African startups for its Fintech in Africa accelerator
25 African fintech startups have been selected for the inaugural AWS FinTech Africa Accelerator cohort.
Woflow acquires European startup XtremeAI to expand reach bolster AI capabilities
Woflow, the data infrastructure company, announced the acquisition of XtremeAI
Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
GetYourGuide announced the closing of $194 million in equity and credit financing.
Swiss lender Teylor secures €275m to support SMEs through its credit platform
Swiss fintech Teylor has secured €275m funding from Barclays and other investors.
Lawyer.com launches Million Dollar AI Challenge to expand legal access
Lawyer.com is ramping up a worldwide search to discover the next groundbreaking innovation in Legal AI.
[Column] Somesh Adukia: Paper versus digital; the future of work
Digitization is revolutionizing the way businesses operate across the globe.
Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Plug and Play has announced a new relationship with Suncor.
7 in 10 UK tech workers consider hybrid working a key factor when considering a future employer, report
Techspace has released The Scaleup Culture Report, a national report diving into the current state of workplace culture across the UK tech industry.
Dairy Runway program launches to provide education and support for early-stage dairy innovators
Cornell University's Center for Regional Economic Advancement (CREA) and the Northeast Dairy Foods Research Center have launched the Dairy Runway program, an entrepreneurship curriculum for dairy innovators.
GRASP fellowship invests in African women researchers
The Kenyan women, and others selected for the GRASP Fellowship, are set to participate in a series of interventions, including leadership and mentoring training, designed to enable them to become more effective policy practitioners
Fertility treatments aren't just for the 1%, Sunfish
Sunfish, a fintech company founded last year, aims to make fertility treatments more accessible and has recently designed a new product to help reduce the cost of In Vitro Fertilization (IVF).
5 innovation metrics (KPIs) every CEO should care about, Plug and Play
Are your innovative strategies paying off? As a CEO, innovating is part of the job description - but do you know if it's actually making a difference in your company? It’s time to get down to data-driven business.
Mexican TV audiences back AI dubbing over subtitles, report
The world's biggest entertainment distributors could win over millions of TV viewers currently swerving non-domestic content by deploying AI dubbing, new research suggests.
To stay competitive, startups must combat gender diversity debt, study
Entrepreneurship is booming, but women are underrepresented among its founders, investors and employees. A recent study investigates entrepreneurship's gender "diversity debt," a demographic disparity that can be difficult and costly to remedy.
[Interview] Seyi J. Matanmi, Founder, Hosteet, Nigeria
Seyi J. Matanmi is a technology product developer and entrepreneur. Educated in software development, research and analytics, he currently leads the cloud services outfit, Hosteet, operating out of Lagos, Nigeria.
Startup Genome partners with Endeavor to research the Detroit region's entrepreneurial ecosystem
Startup Genome and Endeavor are working together to study and support the Detroit region's entrepreneurial and innovation ecosystem development.
Michigan State University biotech startup Iaso Therapeutics closes $1.25m equity series seed preferred financing
Iaso Therapeutics closed the first tranche of the company's $1.25 million series seed preferred round of financing.
African tech ecosystem raised $6.5 billion in 2022, report
Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital, which reveals that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally.
5 key insurance industry trends in EMEA region according to Plug and Play
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.
YouBiz research reveals key trends and challenges facing Southeast Asian SMEs in 2023
YouBiz, the SME spend management platform by YouTrip, launched its first whitepaper studying emerging business spending trends and key business priorities for SME in 2023.
Innovation scale-up Wazoku launches Mindpool SME to help small businesses capture employee insights
Innovation scale-up Wazoku announced it has launched Mindpool SME, an employee insights dashboard that makes it simpler & faster for SMEs to listen to, understand, and act on employee insights.
Healthcare venture capital fundraising and investment remained strong in 2022, SVB reports
SVB released its 12th annual Healthcare Investments and Exits Report which shows venture capital fundraising and investment persisted in 2022.
For women entrepreneurs, the West is the new promised land, report
America's original Westward Expansion was led by entrepreneurs of the day noticing great economic opportunities out of the West. A study by MerchantMaverick.com shows that a new slew of opportunities are appearing in Western states for women entrepreneurs.
AWARD selects 50 African women for fellowship on improving policy in the agri-food systems
Inspired by the flagship AWARD Fellowship Model, the Gender Responsive Agriculture Systems Policy (GRASP) Fellowship, aims to grow a pool of confident and capable African women to lead policy changes to improve African smallholders’ livelihoods.
New Adevinta Ventures report reveals that B2B Marketplaces outperform other tech segments in VC funding
Adevinta Ventures, the early-stage investment arm of Adevinta, an online classifieds specialist, is launching a new B2B marketplaces report.
[Column] Natalia Ahmadian: Four ways to accelerate tech transfer in Europe
The importance of university spin-offs has been recognized for decades. Several studies showed that Tech Transfer is beneficial for social welfare and entrepreneurial activity
Fintech emerging as Africa’s most vibrant sector, study
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.
Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.
Novo Seeds portfolio company NMD Pharma reports positive top-line Phase I/IIa data in myasthenia gravis
Novo Holdings announced that its portfolio company NMD Pharma, reported positive top-line results from a Phase I/IIa clinical trial for its lead asset, NMD670.
London-based Pheon Therapeutics launches with $68m financing to advance novel ADC for treatment of solid tumors
Pheon Therapeutics (Pheon), an ADC specialist developing next generation ADCs for a wide range of hard-to-treat cancers has launched, following the closing of a $68 million Series A financing.
French biotech startup Tridek-One closes €16m to develop first-in-class immune checkpoint agonists
Tridek-One, a Paris-based biotech startup specialized in the research and development of CD31 agonists to restore the immune balance, announced it has closed a €16 million financing round led by the Swiss VC Pureos Bioventures.
Finnish biotech startup Onego Bio secures €4.5m additional funding to accelerate Research & Development
Business Finland, a public organization under the Finnish Ministry of Employment and the Economy, has awarded a grant of additional €4.5 million for Onego Bio's research and development work.
BioInnovation Institute announces new cohort of companies entering the Venture Lab program
BioInnovation Institute (BII), an international commercial non-profit foundation incubating and accelerating world-class life science research, announced the latest cohort of participants in its Venture Lab acceleration program for early-stage startups.
Early-stage startups don't stand to benefit from Inflation Reduction Act, Kruze Consulting
The Inflation Reduction Act of 2022 doubles the R&D Tax Credit from $250,000 to $500,000, a popular tax credit used by unprofitable startups. However, an analysis by Kruze Consulting shows that the earliest-stage startups will likely not benefit from this increased credit.
Immigrants have started more than half of America's billion-dollar startup companies, study
Immigrants have started more than half (319 of 582, or 55%) of America's startup companies valued at $1 billion or more, according to a new study from the National Foundation for American Policy (NFAP), a nonpartisan research organization.
Alien Invasive Fruit Flies project comes to the rescue of Southern Africa mango farmers
In a bid to tame the voracious flies, the Alien Invasive Fruit Flies project in Southern Africa has come up with five technologies as part of an integrated pest management (IPM) package.
[Interview] Michelle Matthews, Director, Viridian, South Africa
Following the rising levels of unemployment among young South Africans, the UK-South Africa Tech Hub Launch League initiative undertook a research project.
African tech startup funding will double by 2025, research
African business leaders are forecasting a surge in spending on tech start-ups as foreign direct investment and improved internet connectivity helps establish the continent as a tech superpower, new research for blockchain-based mobile network operator World Mobile shows.
Birmingham-based startup Astound raises $1m seed round to improve university access to corporate-sponsored research funding
Astound, a Birmingham-based startup, secured $1 million in seed funding to develop the first marketplace to allow research institutions and universities to easily find corporate sponsors.
Biotech startup Transine Therapeutics closes £13.7m seed round to accelerate its platform and portfolio development
Transine Therapeutics (Transine), a biotechnology company, announced it has successfully raised £4.6 million in additional seed funding.
Breakthrough Properties raises $3b to develop next-gen life science ecosystems
Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, announced the final closings for the Breakthrough Life Science Property Fund.
French AI startup Kryptview raises $650k in pre-seed to develop community-driven crypto research platform
Kryptview, a collective intelligence platform that provides peer-reviewed research for digital assets, announced the closure of its pre-seed round, raising $650,000 from crypto technology companies.
Startups increasingly use memorable, key-word rich descriptive domain names to stand out from competitors, study
TrueName, a global leader in descriptive domains, announced that more startups are choosing descriptive domains than in previous years per recent data by Marc Köhlbrugge.
What Africa requires to attain sustainable and effective food systems
A variety of factors constrain those who are reliant on farming for their livelihoods – particularly smallholders, including women and youth – from stepping up or stepping in to agriculture.
Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users, to enable the global rollout of its education and research cloud workspace product, Nuvolos.
Achieving inclusive cocoa and palm oil commercialization in West Africa
Abugre also noted that questions remain with regards to the future of cocoa production given global price trends, climate change, farmers stepping into the sector, and income distribution effects at the local level.
Israel tech startups raised $25.4 billion in 2021, report
The unprecedented figure represents a 136% increase over last year, which concluded with a full-year total of $10.8 billion raised.
African scientists make a case for home grown research on continent’s food systems
A storytelling event organized by African Women in Agricultural Research and Development (AWARD), saw four accomplished African researchers working on agriculture and food security share their personal journeys in agricultural research, and discuss how they are working to transform farming on the continent.
Nigeria tech startups raised $1.7billion in 2021, report
Since the beginning of 2021, Africa-based tech startups have raised more than $2.9 billion with Nigerian startups which are creating new products, services, and platforms raising $1.7 billion of this total or about 60% of it, a new report has found.
The University of Nairobi and Elgon Kenya to develop agriculture technology and innovation centre
The agriculture sector in Kenya has received a major boost following a partnership between two leading institutions to set up a technology and innovation centre, the first of its kind in East Africa.
Netherlands emerging as 'Hottest Tech Hub' in Europe, not reaching its full potential yet, report
Atomico, an international investment firm that focuses on helping disruptive technology companies scale globally, announced that the Netherlands is emerging as Europe's hottest tech hub.
Agritech startup FarmSense receives $2.2m SBIR funding for development of biosecurity measures against native and invasive pests
FarmSense, the agritech startup and creator of Smart Flight Sensors, announced it has been awarded Small Business Innovation Research (SBIR) funds in the amount of more than $2.2 million.
Retail media research startup Future Commerce announces launch of weekly podcast
Infinite Shelf recognizes that digital media and eCommerce tactics and strategies are no longer confined to traditional eCommerce channels and direct-to-consumer.
Illumina and Sequoia Capital select first startups to join Genomics Incubator in China
Illumina and Sequoia Capital China, an investment firm, jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina.
Robert Bosch Venture Capital GmbH joins Variantyx's $26m Series C funding round
Robert Bosch Venture Capital GmbH, the corporate venture capital company of the Bosch Group, has completed an investment in Variantyx, to improve personalized oncology treatment.
North Carolina's SAS and Pappas Capital partner to propel agritech startups with analytics
Two North Carolina companies, analytics leader SAS and venture investment firm Pappas Capital, are joining forces to help advance the state as a global leader in agricultural technology.
Biotech startup Elevian raises $40m Series A to advance treatments for stroke recovery and age-related diseases
Elevian, an emerging biotech company developing medicines that restore youthful regenerative capacity with the potential to treat and prevent multiple age-related diseases, announced it raised $40 million in an oversubscribed Series A round led by Prime Movers Lab.
ITRI partners with Arm to provide resources for innovative IC design startups in Taiwan
To promote Taiwanese local IC design startups, the Industrial Development Bureau (IDB) under the Ministry of Economic Affairs (MOEA) is supporting the Industrial Technology Research Institute (ITRI) and Arm, in providing critical resources.
Israeli startup Quantum Machines raises $50m to make quantum computers ubiquitous and disruptive across all industries
Tel Aviv based startup Quantum Machines, creator of the Quantum Orchestration Platform, announced it has secured $50 million in Series B funding to expand its growth into quantum cloud computing and drive its worldwide distribution.
CB Insights launches algorithm to score the quality of startup's founding and management team
CB Insights, which enables world's leading companies to make smarter technology decisions, announced Management Mosaic, the first-ever algorithm to demystify the quality of a startup's founding and management team.
Next-gen research platform Litmaps closes $125K seed-stage investment from Quidnet Ventures
Litmaps, a Science software company based in Wellington, New Zealand has received NZ$125,000 in funding from Quidnet Ventures, a New Zealand-based venture capital fund with operations in Auckland, NZ, San Francisco and New York.
Financials, ICT remain the most attractive sectors for VC investment in Africa, report
Mapping Africa’s startup landscape between 2014 and 2020, the report provides data and analysis on venture capital (VC) deal activity in Africa in 2020 along with information about the types of investors that have participated in those deals.
AI startup LLENA (AI) partners with Southern University to support (USDA/NIFA) Agriculture and Food Research Initiative
LLENA (AI) Health Solutions, announced a partnership with Southern University in Baton Rouge, Louisiana to support their "Center of Excellence for Nutrition, Health, Wellness, and Quality of Life" initiative to address diet-related health disparities.
The nexus between gender-responsive research and agricultural productivity in Africa
Smallholder farmers across Africa are looking to science to boost farm productivity and to tackle emerging threats, partiuclarly with regards to climate change and pandemics as demonstrated by COVID-19, the report further noted.
Fact.MR redefines the way startups access market research
The number one reason for startup failure isn't lack of funding or stiff competition. The main reason is 'misreading market demand'. Therefore, it becomes important for startups to thoroughly research the market.
CRIO secures Series A financing to accelerate growth, platform development
Clinical Research IO (CRIO), a Boston-based technology firm offering clinical research sponsors and sites a platform to streamline clinical trials, announced the completion of a $3.5 million Series A round led by Rally Ventures.
From grass to cash: Harnessing the power of climate smart forage grasses in Western Kenya
Kenyan researchers have been working with farmers in Western Kenya to test new varieties of fodder grasses known to have higher protein, low fiber and are fast maturing.
Investment in Forward BIOLABS paying off for bioscience startups
Forward BIOLABS, a co-working life science lab that helps bioscience startups grow, is celebrating early successes and honoring the companies that support the organization.
Boast.AI secures $100m to fuel R&D tax credit-based financing for startups
Boast.ai, a software innovator whose flagship product automates the complex process of applying for R&D tax credits, secured a $100 million credit facility from Brevet Capital, a leading alternative credit investment and specialty finance firm.
Kinyungu Ventures calls for changes to cut-and-paste VC strategy in Africa
A new White Paper published by East African venture advisory firm Kinyungu Ventures shows there continues to be a wide misalignment between traditional venture capital models and the African market.
US venture exit value achieved $290 billion in 2020 alongside record years for investment and fundraising activity, report
Though the past year had a lot of uncertainty brought on by the coronavirus (COVID-19) pandemic, the US VC industry demonstrated its resilience and long-term mindset, achieving new records in total exit value, deal value and capital raised by VC funds.
Egypt’s life science startup Nawah Scientific raises $1m round for market expansion
Egyptian life science startup Nawah Scientific announced the the closing a second pre-series A round of $1 million in mixed equity and debt capital, raising its total funding to $2 million.
October Startup Sentiment Index shows three-month trend in advancing startup timelines
The number of respondents agreeing that now is a good time to start a business reached a three-month high at 60.6% in October.
Medtech startup Immertec partners with Orthopaedic Foundation to demonstrate effectiveness of VR surgical training
Orthopaedic Foundation has partnered with medtech startup Immertec, to conduct research to evaluate the effectiveness of VR for remote surgical training.
Nearly 60% of startup founders say operating costs are their top spending priority in the first quarter
While the long-term economic effect of the COVID-19 pandemic is still unknown, the remote work period has forced startups to adjust their spending priorities, according to a new survey from Clutch, a B2B ratings and reviews platform.
Mohammed VI Polytechnic University partners with Plug and Play to launch accelerator programme in Morocco
Mohammed VI Polytechnic University (UM6P), an academic and research institution, has partnered with global innovation platform, Plug and Play, to launch an Open Innovation Hub in Morocco, with the support of OCP Group.
[Algeria] Sonatrach invests in university incubator for startups
Algeria state owned oil company Sonatrach has partnered with the National Agency for the Promotion of Research and Technological Development Results (ANVREDET), to establish a university incubator for start-ups.
Amsterdam based startup Zeta Alpha launches AI platform to help experts navigate new research
Amsterdam based startup Zeta Alpha is launching AI Research Navigator, a new deep learning-based search platform, to help AI experts navigate new research.
London based health tech startup Closed Loop Medicine secures £250,000 Innovate UK continuity funding
Closed Loop Medicine (CLM), London based therapeutics and health tech company has secured a £250,000 COVID-19 Innovate UK Continuity Funding award to support its ongoing clinical research programme.
Quantum technology startup Q-CTRL enters global partnership with Advanced Navigation
Q-CTRL, a startup that applies the principles of control engineering to accelerate the development of quantum technology, has partnered with Advanced Navigation, a leader in AI-based navigational hardware.
AI startup Deep Longevity launches with Series A financing
Deep Longevity, a biotechnology company transforming longevity R&D through AI-discovered biomarkers of aging, has come out of stealth from Insilico Medicine with financing from prominent investors worldwide.
Dutch online startup, scale-up community funds international research into COVID-19
Eighteen entrepreneurs from the Dutch online startup and scale-up community are joining forces to finance an international study by Erasmus MC into the clinical picture of COVID-19.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here